Accounting MCQs

1590 MCQs  (Page 81 of 159)

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If the fixed overhead allocated for actual output unit is $9800 and budgeted fixed overhead is $22000, then production volume variance would be _________?
A. $31,800
B. $12,300
C. $12,200
D. $41,800
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If the variable overhead flexible budget variance is $37000 and the flexible budget amount is $10000, then the actual incurred costs would be ____________?
A. $27,000
B. $25,000
C. $47,000
D. $57,000
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An indirect setup labor costs, costs of setup and equipment maintenance and costs of indirect material can be categorized as ______________?
A. Variable batch costs
B. Fixed batch costs
C. Variable setup costs
D. Fixed setup costs
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In overhead cost variance analysis, the variable overhead does not include _____________?
A. Favorable volume variance
B. Profit volume variance
C. Cost volume variance
D. Production volume variance
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A measure which evaluates overall tradeoff and effect among non-financial performance measure is _____________?
A. Non-financial measures
B. Financial measures
C. Effective measure
D. Lump sum measure
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The costing technique, which classify all the activities in costing hierarchy is classified as ____________?
A. Activity based costing
B. Non-financial costing
C. Profit costing
D. Lump sum costing
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The higher plant leasing, higher administrative costs and higher depreciation on equipment and plants are all the factors of _____________?
A. Favorable spending variance
B. Unfavorable spending variance
C. Favorable price variance
D. Unfavorable price variance
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The lower plant leasing, lower administrative costs, lower depreciation on equipment and plant are all the factors of _____________?
A. Favorable price variance
B. Unfavorable price variance
C. Favorable spending variance
D. Unfavorable spending variance
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If an actual variable quantity is 50, the actual and budgeted overhead cost of allocation is $7550 and $4500 respectively, then the variable overhead spending variance could be __________?
A. $182,500
B. $152,500
C. $162,500
D. $172,500
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The less skilled workers for operating machines then expected are classified as ___________?
A. Cause for exceeding budget
B. Cause of less employment
C. Fixed cost variation
D. Variable cost variation
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Word of the Day
18 Jul
Proactive
(of a person or action) creating or controlling a situation rather than just responding to it after it has happened.
فعال، پیش قدمی کے ذریعے صورتحال پر قابو پانیوالا

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